Closing Bell Closing Bell Overtime: Palantir Earnings, Disney Stock Under Pressure & Bitcoin Reality Check 2/2/26
Feb 2, 2026
James Stewart, NYT business reporter, weighs in on Disney’s leadership and streaming questions. Kate Moore, Citi Wealth CIO, shares macro and earnings-cycle perspective for investors. They discuss Palantir’s beat-and-raise reaction, Disney’s stock slump and CEO succession worries, and Bitcoin’s volatile pullback and ETF outflows.
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Palantir's U.S. Commercial Breakout
- Palantir reported a beat-and-raise with US revenue up 93% and US commercial up 137%, signaling very strong domestic demand.
- CEO Alex Karp said demand is so large the company is prioritizing the U.S. over allied countries.
Watch Guidance And CapEx Raises
- Kate Moore expects earnings momentum to continue and advises watching guidance raises as a key signal.
- She expects more capex guide raises through the remainder of earnings season.
Hardware-Software Valuation Divergence
- Kate Moore sees an extreme divergence between AI hardware and software valuations that feels overdone.
- She expects AI and tech spending to support earnings but says stock-by-stock diligence remains crucial.